MoveYourMoney.info
7 May 2010
In St Louis, the CWA Local 6355, a union that represents about 7,000 public sector workers, just closed its $100,000 account at Bank of America. The union decided that it doesn’t support the big bank’s practices and didn’t want to reward them with its money. The Huffington Post reports:
This is a really unethical institution that we shouldn’t be supporting or doing business with,” said Bradley Harmon, president of the CWA Local 6355, which represents some 7,000 public sector workers in Missouri. “We shouldn’t be supporting Bank of America with our dues money.” Harmon said the money will be deposited with Enterprise Bank in St. Louis.
[…]“Instead of using the taxpayer bailout money to stabilize itself and help working families keep their homes, Bank of America has spent it rewarding its incompetent bosses and lobbying against legislation to help working families and reform our financial system,” Harmon said.
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